NextSteps
www.nextstepsmarketing.com
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Welcome to Next Step Marketing News & Notes. With tightening budgets and consumers growing reluctance to make purchases, as marketers we need to do all we can to create marketing messages that maximize the chance of response. In this issue, we will highlight some ways you can get more out of your email marketing program.

For any help with your audience development, newsstand or marketing needs please contact me at 415.773.2044 or at maire@nextstepsmarketing.com

Sincerely,
Maire Walsh
Máire P. Walsh, Client Services Director




2009 Industry Calendar
Bullet WPA SF Roundtable: Digital Magazines
Oct 21, 2008, San Francisco, CA    
To RSVP, please email Dave Kalman
Bullet WIPP Women's Leadership Symposium
Jan 23, 2009, San Francisco CA www.wipp.net
Bullet Niche Magazine Conference, April 2-29 2009
Denver, CO www.nicheconference.com
Bullet Magazines 24/7: MPA's Digital Conference
March 3 2009, New York, NYC
Bullet MPA, Retail Conference, March 30-April 1 2009 Tampa, FL. www.magazine.org
Bullet IMAG Independent Publisher's Conference
May 17-19, 2009, Boulder CO.
Bullet PBAA, June 22-24 2009, Atlantic City, NJ www.pbaa.net




Newsstand Sales
Sales of audited titles dropped by 5.9% for the first half of 2008. This is the largest drop in history. Amazingly, dollar revenue increased by 3%, largely due to cover price increases from a number of large publishing houses. The average newsstand price is now $3.75, up from $3.42.

Unfortunately, the outlook for the second half of 2008 is bleak as retailers report a significant drop in retail traffic. Government data reports retail spending witnessed the biggest drop in 2 years as people are reluctant to spend during current economic conditions. In addition, one major bookstore chain shared that they have witnessed a decrease in sale across categories of close to 10%.

To limit exposure consider newsstand premiums, money-off coupons and in-store events to help drive sale. Negotiate with your vendors for a reduction in promotional costs or for added value. Now is a good time to bargain and partner with vendors to ensure the best possible sales results in tough economic times.

 

5 Tips For Improving Your Email Marketing
Tips from our upcoming Magazine PAPER Project Webinar -"Beyond the Inbox, a beginners guide to email marketing." Nov.11th, 2pm EST/ 11pm PST
 Sign up for this free webinar here

  1. Constant change: While some truisms about direct marketing hold--"right offer for right audience" for instance, the world of email marketing is constantly evolving. What worked in your last campaign may very well not work in your next.
    How to deal with it: If your list is large enough, do a email A/B test against new creative and see how your control holds-up. Roll out the best winner.

  2. Best day of the week to mail: Everyone wants the answer to this one. There's no silver bullet. Most mailers try to time their mail drop Tuesday-Thursday. What that essentially means is you've got a lot of competition in the mailbox during those 3 days.
    How to deal with it: Try doing some mailing on "off times." Many people read their email 7 days a week; weekend drops may perform better than mid-week drops.

  3. Who sent it: Should the email be from a person on staff or should it reference the name of your publication, event, or newsletter. Many feel building a personal connection to your reader is best-someone might read an email from "Joann" before they read one from "X magazine"
    How to deal with it: This one is tricky especially if you have multiple emails going out to your list from different departments. If you have a staff member with some public recognition to your audience it's definitely worth considering. One note, some findings indicate that emails from women are more likely to be opened.

  4. Think backwards: Given that subject is one of the 2 most important elements in getting your email opened and read (the other is the "from), don't wait until everything else is done to come up with your subject line. Develop a strong subject and develop your creative copy for that subject line.
    How to deal with it: Review you past results and see what your audience seems to respond to. Keep a "steal file" of subject lines that you think really worked and would like to test in an upcoming campaign.

  5. Trim it down: This one is hard for audience development marketers. Size of list indicates vitality to many of us. Given that on average 20%-30% of your recipients will open your email there's lots of room to cut down your list. Why do it? For starters will negatively affect your reputation with your ISP.
    How to deal with it: Review your deliverability reports, segment your list based on active, semi-active, inactive profiling; develop a specific campaign to re-engage your semi-active names (e.g.-offer them the opportunity to change how frequently they hear from you--monthly instead of weekly). For your inactives let them know that unless they tell you differently they are being removed from your list.

Meet
the
TEAM


thea
Mike Popalardo
415.773.1840
thea
Thea Selby
415.773.1841
Lisa Thomas
Lisa Thomas
908.343.9049
thea
Gary Ting
415.773.2053
Maire Walsh
Máire Walsh
415.773.2044
Kim Wong
Kim Wong
415.773.2022

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© Copyright 2008 Next Steps Marketing.

Next Steps Marketing, Inc. | 944 Market St, Suite 821 | San Francisco, CA 94102

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